Related Posts
New Delhi: Crypto market slipped in early trading hours on Thursday. Bitcoin barely held above $20,000 levels while the pain in altcoins was severe.
Fears of recession in the global economy and rising inflationary pressure are denting the sentiment for the digital token market.
Barring Unus Sed Leo, which gained about 4 per cent, and memecoins Dogecoin and Shiba Inu, all of the other crypto tokens were trading in the red on Thursday.
Among the losers, Solana plunged about 8 per cent, while Polkadot tumbled more than 6 per cent. Ethereum and BNB dropped 5 per cent each, and Bitcoin was also in the red.
The global cryptocurrency market cap was trading at the $892.72 billion mark, dropping more than 2 per cent in the last 24 hours. However, the total cryptocurrency trading volume zoomed more than 11 per cent to $62.65 billion.
Crypto Returns Calculator
Denial of responsibility! TechnoCodex is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – [email protected]. The content will be deleted within 24 hours.
